Trump Blames 'Biden's Stock Market' for Economic Decline Amid Disappointing GDP Numbers

Reported about 10 hours ago

President Trump reacted to the recent contraction of the US economy, marking the first negative GDP reading since 2022, by labeling it as 'Biden's Stock Market' and asserting the need to eliminate the 'Biden Overhang.' With the stock market performance deteriorating during his first 100 days in office, Trump and his team attempted to downplay the impact of tariffs on this decline, while Democrats seized the opportunity to criticize his economic policies. The disappointing economic indicators have heightened pressures on Trump's trade plans and triggered calls for legislative action against his tariffs.

Source: YAHOO

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